How to invest into property when everything isn’t ‘all sunshine and lollipops’
In this episode of the Smart Property Investment Show, host Phil Tarrant is joined by his buyer’s agent Steve Waters to discuss the realit...
NOLLAMARA, 6061 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $380,000.
Profits due to an downward trend in home prices in the suburb averaged -5.19% per annum over a 3-year period.
NOLLAMARA now ranks at the 238th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in NOLLAMARA are high, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $330 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NOLLAMARA, homes and units usually stay on listing for an average of 76.9 days.
In 2016, 189 properties were sold in NOLLAMARA during the past year, making it the 294th most active market in WA based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | $317,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.55% | 3.76% |
| Median 12 month | -2.69% | -1.86% |
| Median 3 years | -15.56% | -14.9% |
| Median 5 years | -12.64% | -22.68% |
| 10 years average annual | 0.02% | -0.9% |
| Weekly media advert. rent | $330 | $327.5 |
| Time on Market | 76.9 days | 98.2 days |
| Gross Rental Yield Percent | 4.52% | 5.37% |
In this episode of the Smart Property Investment Show, host Phil Tarrant is joined by his buyer’s agent Steve Waters to discuss the realit...
Does lack of population growth actually stunt the creation of wealth for property investors? ...
If you want to improve your chances of reducing the risk of an investment purchase and improving the potential for growth, yield, rentabilit...
The closing days of the federal election campaign saw the announcement of the First Home Loan Deposit Scheme, which was announced to allow f...
Suburbs on the west coast are among the most affordable in Australia at the moment, and some are recording over nine per cent yields. ...
The property market post-election has seen a considerable boost in confidence, and one expert claims that it’s creating conditions that ma...
Get notifications in real-time for staying up to date with content that matters to you.